Jay Shree Tea & Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 1,467.9 million compared to INR 1,383.9 million a year ago. Revenue was INR 1,538.3 million compared to INR 1,642.2 million a year ago. Net loss was INR 109.5 million compared to INR 246.6 million a year ago. Basic loss per share from continuing operations was INR 4.83 compared to INR 10.51 a year ago. Basic loss per share was INR 4.83 compared to INR 10.88 a year ago.
For the full year, sales was INR 8,125.9 million compared to INR 7,258.3 million a year ago. Revenue was INR 8,334 million compared to INR 7,578.3 million a year ago. Net loss was INR 471.4 million compared to net income of INR 236.2 million a year ago. Basic loss per share from continuing operations was INR 20.9 compared to basic earnings per share from continuing operations of INR 10.48 a year ago. Basic loss per share was INR 20.8 compared to basic earnings per share of INR 10.42 a year ago.